When it comes to fundamental supply and demand analyses, it can be argued that the projections presented by USDA at its annual Outlook Conference command more attention than they deserve. After all, the process of drawing up supply/demand balances in February -- as USDA does for the following crop cycle weeks before corn, soybeans, spring wheat and small grains are even planted -- requires so many assumptions (some would say guesses) that they immediately become questionable.Nevertheless, markets are always hungry for new inputs of any kind, and especially so at this "dead zone" time of the year. So questionable or not, USDA's Outlook Conference supply/demand analyses for the following crop year are seized upon and parsed by markets and t...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.